Question
you initially had 125 million stock portfolio that had a beta 1.3 .Upon selling 400000 of stock with a beta of 0.8 and replacing it
you initially had 125 million stock portfolio that had a beta 1.3 .Upon selling 400000 of stock with a beta of 0.8 and replacing it new stock, the portfolios beta increased to 1.5. What was the beta of the new stock?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
